LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

March 13, 2023

TO:	Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB264 by Toth (Relating to requirements for the physical presence of a borrower for signing certain documents related to a home equity loan.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Department of Savings and Mortgage Lending, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

450 Department of Savings and Mortgage Lending

LBB Staff:

JMc, MOc, GDZ, LBl